In a unique move to build the digital capacities of job seekers, the Ghanaian-German Centre for Jobs, Migration and Reintegration (GGC), in collaboration with the Ministry of Employment and Labour Relations has launched another flagship programme – ICT Skills Training for Students and Job Seekers – to equip job seekers and students with job-ready transferrable …
Month: July 2020
The government of Ghana has called on the European Commission to suspend the unilateral publication of the European Commission’s list of High-Risk Third Countries and Anti-Money Laundering and Terrorists. Ghana is among a list of 22 states set to be blacklisted by the European Union (EU) effective October 2020. The European Commission in May this …
The Bank of Ghana (BoG) has said the 91-day Treasury bill rate for the month of June 2020 has declined to about 14.0 percent from the 14.8 percent recorded a year ago in 2019. According to the Governor of the Bank of Ghana, Dr Ernest Addision, the interest rate on the 182-day instrument also declined …
To further boost repo trading on the Ghana Fixed Income Market (GFIM), the Bank of Ghana has issued a new directive, allowing banks and other contractual counterparts to easily settle differences in repo transactions. The directive takes effect from July 2020, in line with Section 134 (5) of the Bank and Specialised Deposit Taking Institutions …
The Minister of Finance, Ken Ofori-Atta, has announced that a temporary financial relief programme for persons who lose their jobs as a result of the Coronavirus (COVID-19) pandemic. Presenting the mid-year budget review to Parliament, the Finance Minister said the scheme to be known as the National Unemployment Insurance Scheme, will be a temporary income …
The further weakening of the Ghanaian Cedi against the U.S. dollar will worsen the impact of coronavirus pandemic, the International Monetary Fund has said. Since late February 2020, the Cedi has consistently depreciated against the dollar by -2.46 percent, year to date, and -7.34 percent year-on-year. The IMF in its staff policy-related analysis report on …
In an effort to further protect investors, the Securities and Exchange Commission has issued a new directive to all Capital Market Operators open, maintain and operate Trust Accounts for and on behalf of its clients, effective Thursday, July 16, 2020. According to the Regulator, the Trust Fund shall hold all monies received from clients or …
he Registrar General’s Department (RGD) says it has extended the deadline for the filing of Annual Returns and Renewal of Partnerships and Businesses from July 31 to December 31, 2020. In a release issued in Accra and signed by Constance Adomaa Takyi, Head of Public Relations, the RGD said this was for all companies limited …
The illegal trade of Saiko continues unabated specifically at Elmina, with an average of eleven boat landings a week, the Environmental Justice Foundation (EJF), an international Non-Governmental Organisation (NGO) working to protect the environment has observed. This, it said was despite efforts by the government and the Ghana Industrial Trawlers Association (GITA) in November last …
The national year-on-year inflation rate was 11.2% in June 2020, which is 0.1 percentage points lower than last month, the Ghana Statistical Service (GSS), has announced. Month-on-month inflation between May 2020 and June 2020 was 1%. This is lower than the 1.7% recorded between April and May and 3.2% between March and April 2020, but …